6, LARISSA CLOSE, TILEHURST, READING, RG31 6LE - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 LARISSA CLOSE is a midsized detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £598,026. It was last sold for £225,000 in May 2001, which was around 14% below the average May 2001 detached price in the Reading local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

6 LARISSA CLOSE Sold Prices

Land registry data shows four sales for 6 LARISSA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the four 6 LARISSA CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 10 MAY	£225,000	£262,762	14% below HPI
1998 9 APR	£148,000	£164,261	10% below HPI
1996 15 NOV	£115,950	£129,260	10% below HPI
1995 26 MAY	£94,250	£118,580	21% below HPI

6 LARISSA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The four 6 LARISSA CLOSE sales between May 1995 and May 2001 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2001 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 6 LARISSA CLOSE be worth now?

6 LARISSA CLOSE might now be worth an estimated £598,026.

This is based on house price inflation of 165.8%, between May 2001 and December 2024, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 165.8% inflationary increase is applied to the most recent sale price for 6 LARISSA CLOSE of £225,000 on 10th May 2001. For the value to have increased from £225,000 to £598,026 over the 22 years and five months to December 2024, the following assumptions must hold true:

• The value of 6 LARISSA CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The May 2001 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LARISSA CLOSE has not materially changed since May 2001.

How Large is 6 LARISSA CLOSE?

6 LARISSA CLOSE is 122m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 6 LARISSA CLOSE lies on this distribution: 52% of detached houses houses are smaller than 6 LARISSA CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Reading.

6 LARISSA CLOSE: Plot and Title Map

6 LARISSA CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 6 LARISSA CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 LARISSA CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 LARISSA CLOSE?

6 LARISSA CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 6 on LARISSA CLOSE.